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Property profile & analytics
OFF-MARKET
Retail space
925 Lk Shr Way Lake Alfred, FL 33850-3321
Individually Owned
Free & Clear
Property ID
US18-4597359
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1956
Total area
2,132 SF
Lot
0.3 ac (12,990 SF)
Zoning code
C-1
APN
262805525000004010
UPID
US18-4597359
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Top Notch Barber Shop Barber Shop
-
Repeat Boutique Discount Store (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
BOBBY L JOHNSON
BOBBY L JOHNSON
Zoning & alternative use
C-1 · Lake Alfred, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
2. Neighborhood Activity Center (C -1). The Neighborhood Activity Center district provides for clusters of neighborhood activities, serving commercial, office, residential, recreational, and cultural facilities. 3. Mixed-Use Corridor (C -2). The Mixed-Use Corridor district provides for mixed residential and commercial uses extending along and oriented to col…
Zone name
Neighborhood Activity Center
General category
COMMERCIAL
Zone area
56.72 ac
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Lake Alfred submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lake Alfred submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$1,497
Tax year 2023
Assessed value
$79,714
Assessed 2023
Previous assessed
$76,091
+4.8% YoY
Effective rate
1.88%
On assessed value
Assessed land
$25,331
Assessed improvement
$54,383
Land market value
$25,331
Improvement market value
$54,383
Total market value
$79,714
Applied tax rate
92,440.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1956
Heating
NONE
Stories
1
Units
1
Bathrooms
1
Total area
2,132 SF
Lot
0.3 ac (12,990 SF)
Zoning code
C-1
APN
262805525000004010
UPID
US18-4597359
Jurisdiction
POLK
Zoning & alternative use
C-1 · Lake Alfred, FLZoning C-1 · permitted uses
C-1 · Lake Alfred, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
2. Neighborhood Activity Center (C -1). The Neighborhood Activity Center district provides for clusters of neighborhood activities, serving commercial, office, residential, recreational, and cultural facilities. 3. Mixed-Use Corridor (C -2). The Mixed-Use Corridor district provides for mixed residential and commercial uses extending along and oriented to collector and arterial roads, at intensities compatible with adjacent neighborhoods. A mixture of land uses is specifically encouraged.
Zone name
Neighborhood Activity Center
General category
COMMERCIAL
Zone area
56.72 ac
Building & site characteristics
From public records
Year built
1956
Heating
NONE
Stories
1
Units
1
Bathrooms
1
Lot
0.3 ac
Current owner
From public records · entity-resolved
BOBBY L JOHNSON
Individual
Free & Clear · 0 yrs held
Mailing address
925 S LK SHR WAY, LAKE ALFRED, FL 33850-3321
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
—
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
No recorded transactions
No recorded transactions found for this property.
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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